Finance

Ethiopian Airlines signs $450 million loan agreement for Boeing aircraft

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Ethiopian Airlines signs $450 million loan agreement for Boeing aircraft

Ethiopian Airlines has signed a $450 million EXIM-guranteed loan agreement with Citi for five new Boeing aircraft. The loan will finance three 737-8 and two 777F aircraft. The loan is Citi’s largest aircraft financing in Ethiopia within the last decade. It was arranged by Citi’s corporate bankin...

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